It's funny how biploar the board appears to be in their prospects for the company. When they were trying to get us to accept a low-ball buyback offer they were all doom and gloom about the prospects for the company. Now that has been scuttled, they are all upbeat about being able to sell the mortgage book and return funds to shareholders.
The comment about seeking directors that represent the interests of all shareholders and not just certain minority shareholders has a strong tinge of irony to it. Who does Kinghorn think he's been representing?
Also, why only two directors? Is the requisition by WAM/Cadence for three new directors still current?
Add to My Watchlist
What is My Watchlist?